D1 - Price has reached a key support zone and is bouncing higher. Bullish divergence. H4 - Bullish divergence. Higher highs Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
Curious about your opinion. What is you're analysis? What I see: - support on the volume shelf (daily chart) - Volume is rising (daily chart) - support on the moving averages (daily chart) - higher high (daily chart) - moving averages are rolling over - broke the 4 sma on the weekly - support at the all time low on the montly - higher highs, higher lows on the...
This it's one of the difficult trade, but in this trade I earned 7.90%, Not bad, but very good percentage in the risk/benefit Trade Australian Dollar/Canadian Dollar. Well, first we see that AUD look in the weakness level, but the price it's forming lower high each time and well, as we formed this bullish channel flag in H1 timeframe, and send a message that AUD...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is once again rejected from the $24.2k resistance area and currently trading around the $23k level. As you see in the chart, BTC is trading in an uptrend. It is clearly forming Higher highs and higher lows. The previous higher low was BTC made...
Due to the accurate price reaction to its rising trend line and also avoiding the formation of higher highs in the last attempts, there will be a possibility of breaking the trend line and collecting orders at lower levels.
Plug Power Short Term - We look to Buy at 15.44 (stop at 12.51) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher highs is located at 14.00. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Our profit targets will be 23.88 and...
Pinterest Short Term - We look to Buy at 18.86 (stop at 16.57) This stock has recently been in the news headlines with hedge fund Elliot Management reported to have taken 9% stake in the social media company. The bullish engulfing candle on the 4 hour chart the positive for sentiment. There is scope for mild selling at the open but losses should be limited....
Advanced Micro Devices Short Term - We look to Buy at 76.98 (stop at 72.75) The primary trend remains bearish. We are assessed to be in a corrective mode higher. The daily chart technicals suggests further upside before the downtrend returns. Trend line support is located at 76.00. Dip buying offers good risk/reward. Our profit targets will be 90.00 and...
American Airlines Short Term - We look to Buy at 13.78 (stop at 12.30) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher highs is located at 13.40. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips...
Daily candle at significant level with weekly reversal zone. Some bullish momentum with the higher WTI oil price and Soybean price.
New Higher High is Created. Break of Structure Occurred showing Long Outlook. we wait for the price to return on our order block then Boom it is our entry.
I believe AMD is showing positive signs of strength. AMD has taken a beating with the rest of the market and has come down to a major support level at about $86. It has tested this level twice and bounced away from it forming a signature "W" pattern. Should the pattern play out, the projected target is twice the length of the middle hump. The level is calculated...
Daily descending channel in tact. Would like to see how price reacts to 0.63800 levels. If price can a break this high, a bull run could ensue up to the previous higher high.
the price bounced on the 33k area on the monthly support and got the liquidity until the 0.382 Fibonacci level as new resistance. On the weekly timeframe, the price is testing the dynamic support. On the daily timeframe, the price had a breakout from the dynamic support and now the price is testing the previous support as new resistance. On the 4h timeframe...
Hello everyone As I explained last time, there was possibility of lower prices here,and well we had a small bear flag on 4 hours .As for this week, we might have a small swing to the lower channel and a touch on 1920$ as the context implies we may face a steep bear market in the future, but for the structure on weekly, we have big bull flag and on daily If...
BTC failed to break middle of gann box from the middle of the trade. Gann box is veryy good tool used for entries on downtrends( when there isnt much supply or demand zones) Everything above the middle of it is considered espensive and everything below is considered good to buy. They should be used with trend and current trend for last few days was bearish so it...
This is an update to my previous in depth video analysis of the Nasdaq. It looks like there is a possible higher low forming which could indicate the the underlying uptrend is resuming. I do however believe that there is still a strong possibility for a larger leg to the downside. Watch the video to see what I am looking at.
Long position established on the NZDUSD 4H Price has recently made new highs Bullish trendline touched and held +3x Retracement to the 50% Fibonacci level Price held at an area of previous structure support MACD signal line just about made a new high relative to the most recent push higher by price Bullish pin bar held at the 50% retracement followed by a...